World View & Market Commentary. Forest first; Trees second. Focused on Real & Knowable facts that filter through the "experts" fluff and media hyperbole. Where we've been, what the future may hold and developing a better way forward.

The other side of getting “credit flowing” is debt. Unfortunately, Obama is taking Summer's advice. His stimulating policies worked during the Clinton years because debt saturation had not yet been reached (if you call an 80% Nasdaq crash working). His policies of trying to smooth out and stimulate downturns IS THE ROOT CAUSE OF TODAY’S PROBLEMS. He is influenced by corporate America and Central bankers. President Obama is hopelessly surrounded by these people.